Broker-Dealers

The amendment, which becomes effective immediately, addresses the allocation of recoverable costs for the CAT

Instinet is charged with failing to timely file and accurately report data for tens of billions of order events to the CAT

"Market regulators—SROs and the Commission—already have benefitted from CAT in surveillance and enforcement work"

"Brokers are more sensitive to these costs than the plan participants because they have direct relationships with retail investors, but they, too, as I have ...

NASAA looks to incorporate the core principles from Reg BI and SEC guidance into its conduct model rule

"Regulators need effective tools to keep pace with these changes, especially considering the potential for new technologies like AI to rapidly amplify the magnitude and ...

"The cumulative costs for CAT may soon be approaching a billion dollars. These are real costs–not theoretical–being incurred imminently"

"The faster the CAT is completed the sooner investors in our markets can realize the full benefits from the strengthened market oversight it is designed ...

CGMI willfully violated the recordkeeping requirements of Section 17(a) of the Exchange Act and Rule 17a-3 thereunder, which require broker-dealers to make and keep current ...

SEC enforcement action underscores the need for firms growing their business through acquisition to watch client protection